‘Enshittification’ is coming for absolutely everything::The term describes the slow decay of online platforms such as Facebook. But what if we’ve entered the ‘enshittocene’?
‘Enshittification’ is coming for absolutely everything::The term describes the slow decay of online platforms such as Facebook. But what if we’ve entered the ‘enshittocene’?
The phenomenon is due to pressures to be profitable instead of hemorrhaging money which is no longer free. For stuff like Uber, it just means it’s more expensive because they are done paying for a portion of our rides from their VC money. That means it’s pricing accurately instead of inaccurately, that’s good. If you don’t want to spend that much on a taxi, take the bus.
For stuff like reddit, it’s harder. They don’t charge, so they need to squeeze every little penny from advertising (hence forcing their app instead of 3rd parties), and try to find new funding streams like the AI API. On that you just have to hope that the new funding streams get big enough that they pay for the removal of some of the ads in the hope of encouraging more user growth. Or at least some app development.
And for TikTok, it’s the same, they’re hoping the e-commerce funding stream pays for the app so they can avoid going HAM on true ads.
Profitability is coming for everything, ZIRP is over. But there is the hope that enshittification can be reversed by new funding streams.
Why’d you type all that if you just wanted to tell everyone you didn’t know what you were talking about?
Why’d you comment with no substance instead of actually disagreeing with what I said? If I’m wrong, spell out where or you’re just being a troll.
If you want people to help, use smaller comments
I’ll give you the first one but I’m not spending an hour helping you understand 10 things when you’re acting like that and will likely reply with “nuh uh”.
You act like they want to burn investor money indefinitely.
They dont, not a single company.
They “invest” investor capital operating at a loss and eliminating competitors. The plan is always once the competition is out of business, to raise your prices higher.
This has been a thing as long as capitalism has been a thing.
And it’s incredibly basic.
They did that on the backs of poor working people who had, often expensive, taxi licenses. Those people are now out of business for the most part and Uber can charge what ever they want. If this was international trade they would be accused of dumping, and it’s fucking gross. Disgusting you would excuse such behaviour.